EU coalescing around $60 per barrel price cap on Russian crude oil exports
1st Dec 2022 14:57
(Sharecast News) - European Union member states were nearing a consensus on the level for the block's price cap on Russian crude oil exports centred on the $60 barrel mark.
Read moreSector movers: Financials and Oil pace gains, China in the spotlight
29th Nov 2022 21:30
(Sharecast News) - Financials and Miners paced gains in the stock market on Tuesday following news that authorities in China wanted to strengthen vaccination rates among those over 80.
Read moreOil prices fall sharply on Chinese unrest
28th Nov 2022 12:36
(Sharecast News) - Oil prices fell on Monday, as rare social unrest in China weighed heavily on both equities and commodities.
Read moreEU fails to agree on Russian oil price cap, talks set to continue
24th Nov 2022 05:32
(Sharecast News) - European Union ambassadors failed to agree on the exact level of a proposed price cap on exports of Russian crude oil overnight.
Read moreUS and EU set to announce price cap for Russian oil on Wednesday
23rd Nov 2022 10:59
(Sharecast News) - Washington and its allies were set to announce the level of the price cap for exports of Russian crude oil on Wednesday.
Read moreChinese buyers pause some purchases of Russian crude ahead of price cap details
22nd Nov 2022 10:18
(Sharecast News) - Chinese buyers of Russian Eastern Siberia Pacific Ocean crude oil had paused their purchases ahead of the expected announcement of Washington's proposed oil price cap.
Read moreWednesday preview. Fed meeting minutes, Johnson Matthey in focus
22nd Nov 2022 10:03
(Sharecast News) - The market spotlight on Wednesday was expected to be on the release of the minutes of the US central bank's most recent policy meeting.
Read moreGoldman says bear market 'not yet over'
22nd Nov 2022 09:10
(Sharecast News) - Goldman Sachs expected global equities to begin moving into a new bull market in 2023 - but from lower levels.
Read moreSector movers: Oil stocks drag amid concerns around Chinese reopening
22nd Nov 2022 02:59
(Sharecast News) - Big Pharma and Utilities paced gains at the start of the week, as investors shifted towards defensive issues following reports of the first Covid-19 deaths in China since the end of the second quarter, which stoked concerns that Beijing might slow the reopening of its economy.
Read moreBP Rotterdam refinery staff implement work-to-rule over pay demands
14th Nov 2022 10:58
(Sharecast News) - BP refinery workers in Rotterdam have started work-to-rule industrial action as part of a dispute over pay and conditions.
Read moreBP quarterly profits surge
1st Nov 2022 07:00
(Sharecast News) - BP Group reported a surge in quarterly profits on Tuesday, well ahead of City expectations, after Russia's invasion of Ukraine pushed oil and gas prices to historic highs.
Read moreTuesday preview: US JOLTS survey, BP in the spotlight
31st Oct 2022 15:16
(Sharecast News) - The market spotlight on Tuesday will be on the US jobs market, as the Department of Labor releases its closely followed JOLTS labour market survey for the month of September.
Read moreHunt considering energy windfall tax hike to 30pc
31st Oct 2022 07:47
(Sharecast News) - Energy firms could face windfall taxes as high as 30%, and an extension of its imposition by three years, according to fresh reports late on Sunday.
Read moreSector movers: Oil and Gas buoyed by speculation about changes in China Covid rules
20th Oct 2022 18:46
(Sharecast News) - Oil and Gas shares lent their heft to Thursday's gains, possibly on the back of a report that Beijing was mulling whether to ease Covid-19 rules.
Read moreBP snaps up Archaea Energy in $4.1bn deal
17th Oct 2022 12:19
(Sharecast News) - BP said on Monday that it has agreed to buy US renewable natural gas producer Archaea Energy in a $4.1bn deal.
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